The Washington state Department of Corrections has agreed to pay $3.25 million to the family of a man who died at Monroe Correctional Complex after not receiving adequate medical care. A lawsuit filed by Julia Kleutsch said her husband, John …
The European Union’s executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring companies against economic lockdowns in future pandemics. “This is a very complex debate and needs time to mature,” John Berrigan, …
Three priests have been placed on leave in response to claims in a lawsuit filed last month that they sexually abused a boy in the 1990s, the Diocese of Buffalo announced Saturday. Bishop Michael Fisher said the priests all “deny …
The National Rifle Association has dropped a lawsuit accusing New York’s attorney general of suing the gun rights group last year out of political hostility, opting to challenge her through counterclaims in the same court where her case is playing …
Investment firm PEAK6 announced that its insurance operations subsidiary, PEAK6 InsurTech, will acquire Team Focus Insurance Group, a Sunrise, Fla.-based property/casualty insurance firm that includes MacNeill Group, a managing general agency. Team Focus is parent to eight firms in all, …
Amazon’s billionaire founder Jeff Bezos said on Monday he and his brother Mark will fly on the first crewed space flight from his rocket company Blue Origin next month. “Ever since I was five years old, I’ve dreamed of traveling …
KIAWAH ISLAND, S.C. — Developers planning to build homes on a sand spit south of Charleston, South Carolina are facing another setback after the state Supreme Court overturned their permits to construct a steel seawall. The court ruled Wednesday that …
The total cost faced by the global insurance industry to implement IFRS 17 is estimated to be in the range of US$15 billion-$20 billion, according to a new global survey by Willis Towers Watson. While the estimated costs will vary …
Texas businesses that require customers to be vaccinated against COVID-19 will be denied state contracts and could lose their licenses or operating permits under legislation Gov. Greg Abbott has signed into law. “Texas is open 100%, and we want to …
Ascot Appoints Lillegard as Group Chief Actuary Ascot has appointed Matthew Lillegard as group chief actuary. He will be responsible for leading the overall Ascot Group actuarial functions and will work in close collaboration with colleagues across Ascot’s underwriting, risk, …